June 3, 2017

XY Findables premiers the XY GPS allowing users to track their belongings from virtually anywhere in the world.

Today, XY | The Findables Company launched XY GPS, the only integrated GPS and Bluetooth LE unit that allows users to track their valuable items from virtually anywhere in the world.

People spend approximately 5 hours per month looking for lost or misplaced items. That’s 2.5 days per year spent searching for things as simple as their keys and as beloved as their pets. XY | The Findables Company gives people that time back by allowing them to know exactly where their important items are.

XY GPS is the latest addition to the Findables ecosystem, which includes three generations of XY Bluetooth Finders. XY GPS uses the GSM cellular network to share location data with the XY Find It mobile app. If users are within GSM cell coverage, they can open the app and locate their XY GPS, and the item it’s attached to, from anywhere in the world.

The idea for XY GPS was born out of the limitations of Bluetooth (maximum Bluetooth range is approximately 200 feet). XY Findables CEO, Arie Trouw, explains that while users appreciated XY Bluetooth Finders for locating items like their keys or purse, which never tend to be very far away, they were frustrated by the inability to track items from a distance.

“Many of our users wanted to track their pets, their cars, their bicycles, things that tend to move on their own or have the potential to be stolen. Bluetooth is not a practical way to do this, so we developed the XY GPS.”

The XY GPS still has Bluetooth capabilities though. When the unit is close to a user’s phone it switches to Bluetooth mode to prolong battery life.

Mr. Trouw states, “Our goal has always been to give our users peace of mind. With the XY GPS, we have expanded our product line so customers can find what matters most to them.”

About XY | The Findables Company
XY | The Findables Company launched the first generation of its flagship product, the XY Finder, on Kickstarter in 2014, raising more than $200,000 in less than two months. XY Finders are Bluetooth LE-powered units that, when synced to the XY Find It mobile app, allow users to keep tabs on their valuable property. Currently, XY Finders are available online at XYFindIt.com and Amazon.com as well as in brick and mortar stores across the country. To date, XY Findables has sold over 470,000 units. As the company continues to define the intersection between wearables and nearables, XY Findables — through equity crowdfunding — is giving users and fans a bigger voice in the future of Findables. For more information on XY Findables’ offering visit XYFindIt.com/Invest.

SEC Disclaimer and Forward-Looking Statements

An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement, which only means that the company may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement from https://goo.gl/oMt3JT.